I loved the way the way they used it in the fairy tale, and as the final words of the grandfather to his grandson at the end...

I have the 20th anniversary edition of the film, which has some cast interviews. Mandy Patinkin (sp?) tells a story about how he cried in the theater when he saw the film, and how he was just so moved to have been part of a story that had so much "goodness" in it. I cried the first time I saw it also, for pretty much the same reason.